Funding arb · Price arb /

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: Extended against MEXC−0.044%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.044% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDGE_USDT	0.6000	0.0464	pay 0.0232% / 4h	1h 02m	$1.1M	$807K	50x
Short	Extended EDGE-USD	0.5997	0.0464	get 0.0058% / 1h	2m 06s	$28K	$106K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee ExtendedbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → 0.000%: −$4.42
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$17.42
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; Extended: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 4 min ago	0.83 bp	12.9 bp −$13	84.2 bp −$842	248.8 bp −$24.9K	796.9 bp −$398.4K
Sell Extended no order-book sample	—	—	—	—	—

Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack EDGE_USDC_PERP	−0.0241%	1h	0.6000	+0.005%	$57K	$121K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5996	−0.075%	$44K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5984	−0.267%	$7.2M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5999	−0.017%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5997	−0.050%	$4.8M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5995	−0.084%	$189K	$144K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5997	−0.050%	$4K	$3.0M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.6000	0.000%	$9K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5950	−0.833%	$4K	$642K	10x	as long as short
Aster EDGEUSDT	+0.0296%	4h	0.5999	−0.018%	$53K	$155K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0425%	4h	0.6008	+0.133%	$3.8M	$6.1M	20x	as long as short
edgeX EDGEUSDC	+0.0458%	4h	0.6002	+0.036%	$14.3M	$3.7M	30x	as long as short
Extended EDGE-USDshort	+0.0464%	1h	0.5997	−0.044%	$28K	$106K	5x
MEXC EDGE_USDTlong	+0.0464%	4h	0.6000	long leg	$1.1M	$807K	50x
Binance EDGEUSDT	+0.0465%	4h	0.6006	+0.096%	$10.3M	$10.8M	50x	as long as short
BloFin EDGE-USDT	+0.0479%	4h	0.5994	−0.100%	$666K	$107K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0627%	4h	0.5994	−0.100%	$2K	$1K	10x	as long as short